ICE Canada canola futures ease on hedges

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Published: December 21, 2016

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WINNIPEG, Manitoba, Dec 21 (Reuters) – ICE Canada canola futures edged lower on Wednesday on modest commercial hedge selling.

* January canola eased 10 cents at $511.60 per tonne.

* Most-active March canola shed 20 cents at $520.90 per tonne. March dipped below its 50-day moving average, which may generate technical selling this week, a trader said.

* January-March canola traded 11,906 times as investors rolled positions forward before delivery next month.

* Chicago March soybeans rose on a rebound from recent losses.

* NYSE Liffe February rapeseed eased and Malaysian February crude palm oil rose.

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* The Canadian dollar was trading at $1.3405 to the U.S. dollar, or 74.60 U.S. cents at 1:13 p.m. CST (1913 GMT), lower than Tuesday’s close of $1.3367, or 74.81 U.S. cents.

Light crude oil nearby futures in New York were down 81 cents to US$52.49 per barrel.

The Canadian dollar at noon was US74.62 cents, down from 74.75 cents the previous trading day. The U.S. dollar at noon was C$1.3401.

Winnipeg ICE Futures Canada dollars per tonne
Canola Mar 2017   520.90   -0.20   -0.04%
Canola May 2017   526.30   +0.50   +0.10%
Canola Jul 2017   529.60   +0.90   +0.17%
Canola Nov 2017   502.20   +0.50   +0.10%
Canola Jan 2018   503.40   +0.30   +0.06%

Milling Wheat Mar 2017   235.00   -3.00   -1.26%
Milling Wheat May 2017   237.00   -2.00   -0.84%
Milling Wheat Jul 2017   240.00   unch   0.00%

Durum Wheat Mar 2017   320.00   unch   0.00%
Durum Wheat May 2017   323.00   unch   0.00%
Durum Wheat Jul 2017   329.00   unch   0.00%

Barley Mar 2017   142.00   unch   0.00%
Barley May 2017   144.00   unch   0.00%

Barley Jul 2017   145.00   unch   0.00%

American crop prices in cents US/bushel, soybean meal in $US/short ton, soy oil in cents US/pound

Chicago
Soybeans Jan 2017   1006.75   +1.50   +0.15%
Soybeans Mar 2017   1017.00   +1.25   +0.12%
Soybeans May 2017   1026.25   +1.25   +0.12%
Soybeans Jul 2017   1033.00   +1.50   +0.15%
Soybeans Aug 2017   1030.00   +0.75   +0.07%
Soybeans Sep 2017   1012.25   +0.50   +0.05%

Soybean Meal Jan 2017   309.50   +0.70   +0.23%
Soybean Meal Mar 2017   313.60   +0.60   +0.19%
Soybean Meal May 2017   316.40   +0.40   +0.13%

Soybean Oil Jan 2017   36.04   -0.02   -0.06%
Soybean Oil Mar 2017   36.34   -0.01   -0.03%
Soybean Oil May 2017   36.54   unch   0.00%

Corn Mar 2017   347.25   -3.00   -0.86%
Corn May 2017   354.00   -3.00   -0.84%
Corn Jul 2017   361.50   -3.00   -0.82%
Corn Sep 2017   369.00   -3.25   -0.87%
Corn Dec 2017   378.25   -3.50   -0.92%

Oats Mar 2017   223.25   -0.50   -0.22%
Oats May 2017   223.25   -0.50   -0.22%
Oats Jul 2017   224.25   -1.25   -0.55%
Oats Sep 2017   225.25   -0.75   -0.33%
Oats Dec 2017   228.75   -0.75   -0.33%

Wheat Mar 2017   399.50   -3.75   -0.93%
Wheat May 2017   412.25   -3.75   -0.90%
Wheat Jul 2017   426.50   -4.00   -0.93%
Wheat Sep 2017   441.00   -3.50   -0.79%
Wheat Dec 2017   458.75   -2.75   -0.60%

Minneapolis

Spring Wheat Mar 2017   539.50   -1.25   -0.23%
Spring Wheat May 2017   536.25   -1.50   -0.28%
Spring Wheat Jul 2017   539.00   -1.50   -0.28%
Spring Wheat Sep 2017   544.50   -1.25   -0.23%
Spring Wheat Dec 2017   552.25   -1.75   -0.32%

Kansas City
Hard Red Wheat Mar 2017   409.25   -3.50   -0.85%
Hard Red Wheat May 2017   420.75   -3.75   -0.88%
Hard Red Wheat Jul 2017   432.50   -4.00   -0.92%
Hard Red Wheat Sep 2017   446.00   -4.25   -0.94%
Hard Red Wheat Dec 2017   464.25   -4.00   -0.85%

Chicago livestock futures in US¢/pound (rounded to two decimal places)
Live Cattle (P) Dec 2016   113.28   +1.18   +1.05%
Live Cattle (P) Feb 2017   116.22   +0.72   +0.62%
Live Cattle (P) Apr 2017   114.45   +0.63   +0.55%

Feeder Cattle (P) Jan 2017   130.22   +0.22   +0.17%
Feeder Cattle (P) Mar 2017   126.20   +0.35   +0.28%
Feeder Cattle (P) Apr 2017   125.92   +0.62   +0.49%

Lean Hogs (P) Feb 2017   64.90   +0.90   +1.41%
Lean Hogs (P) Apr 2017   68.00   +0.53   +0.79%
Lean Hogs (P) May 2017   72.88   +0.28   +0.39%

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